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China has strongly criticized President Donald Trump’s recent imposition of a 10% tariff on Chinese imports, labeling the move as “blackmail” and a “serious violation” of international trade norms. The Chinese Ministry of Commerce emphasized that such unilateral actions undermine the global trade order and harm the interests of consumers worldwide.
In retaliation, China has vowed to implement “necessary countermeasures” to safeguard its legitimate rights and interests. This escalation raises concerns about a potential full-scale trade war between the world’s two largest economies.
Despite these tensions, some analysts suggest that China could ultimately benefit from the situation. Veteran investor Mark Mobius noted that China’s efforts to reduce dependence on U.S. exports and develop new trade routes may position it favorably in the shifting global trade landscape.
As both nations brace for further economic confrontations, the international community watches closely, aware that the ramifications of this dispute extend far beyond bilateral relations, potentially reshaping global trade dynamics for years to come.